News from BetaKit

Canadian startup news of the week (12/18/22)

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Michael Edgar @ BetaKit 2 place · 12/19/2022 05:00 EDT

Plus: Kim Furlong talks VCCI & what comes next for Canadian venture. Read more ›

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Founding CEO of agtech unicorn Semios stepping down

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Charlize Alcaraz @ BetaKit 1 place · 12/16/2022 14:55 EDT

“We transformed a theory I had … into one of the world’s largest agtech companies.” Read more ›

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Subsidiaries of FinTech startup Lendified faces creditors over unpaid loans

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Charlize Alcaraz @ BetaKit 2 place · 12/16/2022 14:31 EDT

Creditors move to seize Lendified assets after company defaults over some $6.6 million. Read more ›

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Year in review: Kim Furlong talks VCCI and what comes next for Canadian venture

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Douglas Soltys @ BetaKit 3 place · 12/16/2022 14:22 EDT

Furlong: "These programs are an anomaly in what the government pushes out. There's no reason why they should ever disappear." Read more ›

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Layoffs persist at Canadian tech companies amid bleak outlook for 2023

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Josh Scott @ BetaKit 1 place · 12/16/2022 14:09 EDT

FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn. Read more ›

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Successful use of AI in government means doubling down on human and democratic values

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Meagan Simpson @ BetaKit 1 place · 12/16/2022 10:39 EDT

UofT’s Peter Loewen says citizen trust in government AI use is "still a work in progress.” Read more ›

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Golden Ventures’ Matt Golden has advice for startups fundraising in a down market

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Stefan Palios @ BetaKit 2 place · 12/16/2022 07:00 EDT

Balance growth with strong unit economics. Make sure your financials are accurate. Read more ›

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Shopify’s Ria Bhavnani shares the company’s approach to pricing

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Charlize Alcaraz @ BetaKit 2 place · 12/16/2022 06:00 EDT

“Maybe it’s more relevant in this market, but you should always be thinking about pricing.” Read more ›

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KeyOps secures $4 million CAD to connect pharma sales, marketing staff with physicians

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Charles Mandel @ BetaKit · 12/16/2022 06:00 EDT

Healthtech startup to use funds for North American expansion. Read more ›

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H|T: The Healthtech Times – Senior health initiative gets $47 million SIF investment

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Michael Edgar @ BetaKit · 12/16/2022 05:00 EDT

Plus: Former Theranos COO Sunny Balwani sentenced to nearly 13 years in prison. Read more ›

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R|T: The Retail Times – Michael Rubin’s Fanatics has $700 million for more acquisitions

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Michael Edgar @ BetaKit · 12/16/2022 05:00 EDT

Plus: GoBolt, Elastic Path, CommerceBear secure new funding. Read more ›

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AltaML, Waabi, TrojAI among Vector Institute’s 20 Canadian AI startups to watch for 2023

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Charlize Alcaraz @ BetaKit · 12/15/2022 16:59 EDT

The list was narrowed down from 150 startups. Read more ›

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Walnut Insurance secures $4 million CAD to help FinTechs deliver embedded insurance programs

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Charlize Alcaraz @ BetaKit · 12/15/2022 12:06 EDT

Walnut has partnered with Neo Financial, Nuula to launch their insurance products. Read more ›

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The Upside Foundation appoints Juanita Lee-Garcia as new executive director

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Josh Scott @ BetaKit 3 place · 12/15/2022 06:00 EDT

The Venture for Canada alum takes reins at “pivotal time” for Upside. Read more ›

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Frate secures $2 million CAD to make e-commerce returns sustainable, cost-effective

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Meagan Simpson @ BetaKit · 12/15/2022 06:00 EDT

“We turn customers’ houses into warehouses, and also fulfillment centers.” Read more ›

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S|W: The SaaS Weekly – The end of an era at Slack

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Michael Edgar @ BetaKit 3 place · 12/15/2022 05:00 EDT

Plus: Wattpad president Jeanne Lam resigns months after being tapped to lead company. Read more ›

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Does scaling your startup feel like constant chaos? Here’s what to do.

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Stefan Palios @ BetaKit · 12/14/2022 15:19 EDT

Founders need to know their ‘why’ and build systems to support their team. Read more ›

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Ferme d’Hiver raises $46 million CAD to replace 10 percent of Canada’s strawberry imports

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Charlize Alcaraz @ BetaKit · 12/14/2022 12:56 EDT

Ferme d’Hiver aims to juice Canada’s domestic strawberry supply. Read more ›

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New BC innovation minister Brenda Bailey lays out how she plans to support province’s tech, innovation

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Josh Scott @ BetaKit · 12/14/2022 12:38 EDT

Minister: “the most important thing in our tech sector … is people, and this government is very serious about continuing our competitive advantage of people.” Read more ›

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Shabodi closes $14 million CAD Series A to simplify 5G for developers

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Meagan Simpson @ BetaKit 1 place · 12/14/2022 06:00 EDT

Shabodi aims to be to 5G what Stripe is to payment integrations. Read more ›

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